You have collected the following information on a number of firms: Required: Estimate the market price of
Question:
Required:
Estimate the market price of a common share using the:
(a) P/E ratio method
(b) Dividend yield ratio method.
Transcribed Image Text:
Company Ticker Symbol Ratio Income (S)Shareholders ($) Outstanding TRE ВАС Dividends Paid to Preferred Number of Common Shares Common Share Dividend Yield 1.46% 3.00% 3.57% 2.83% Dividend per Common Share (S) 1.50 4.20 2.20 1.55 P/E Net 32 32,000,000 000,000 10,000,000 PULP KEEN 7120, 22 5,000,00 5,000,000 15,000,000 5 425.000,000 60,000,000 100,000,000 20,000,000 3,000,000
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Related Book For
Financial Management For Decision Makers
ISBN: 815
2nd Canadian Edition
Authors: Peter Atrill, Paul Hurley
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